Business sentiment and detailed quarterly national accounts from Germany are due on Tuesday, headlining a busy day for the European economic news.
The dollar is turning in a mixed performance against its major rivals Monday afternoon, but is little changed overall. The lack of U.S. economic data is keeping some investors on the sidelines at the start of the new trading week.
The early portion of the week will remain on the light side in terms...
Japan posted a merchandise trade surplus of 481.7 billion yen in April, the Ministry of Finance said on Monday.
That was shy of expectations for 520.7 billion yen, and it was down from the downwardly revised 614.0 billion yen in March (originally 614.7 billion).
The April figure was down 40.6 percent...
The dollar is weakening against all of its major rivals Friday afternoon. Investor sentiment continued to be impacted by the political uncertainty generated by a series of scandals that have plagued the Trump administration this week. The lack of U.S. economic data at the end of the week also kept some...
Standard & Poor's on Friday lifted the sovereign ratings of Indonesia to investment grade citing authorities' effective expenditure and revenue measures to stabilize the public finances. The country's sovereign ratings were raised to 'BBB-' from 'BB+', with stable outlook. The agency said the ratings reflect the assessment of reduced risks to Indonesia's fiscal metrics.
Greece's lawmakers approved a reforms package on Thursday that includes pension cuts and tax hikes as demanded by the country's lenders in return for unlocking another tranche of bailout funds and to start discussions over debt relief. The parliament nod came ahead of the Eurogroup meeting on May 22 when euro area finance ministers would consider disbursement of the bailout funds.
Current account data from euro area is due on Friday, headlining a light day for the European economic news.
The dollar is rising against all of its major rivals Thursday afternoon, following yesterday's pullback. While investors remain concerned over the political uncertainty that has been sparked by the reports that President Trump may have meddled with the FBI investigation into Russian ties with Washington,...
A report released by the Conference Board on Thursday showed that its index of leading U.S. economic indicators rose in line with economist estimates in the month of April. The Conference Board said its leading economic index rose by 0.3 percent in April, matching the downwardly revised increase in March.
Policymakers agreed that there was a need for great caution in undertaking even subtle changes in communication so as to avoid market volatility similar to the 'taper tantrum' in 2013, the minutes of the minutes of the European Central Bank's policy session on April 26-27 revealed Thursday.
Philadelphia-area manufacturing activity has unexpectedly expanded at a faster pace in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current manufacturing activity in the region climbed to 38.8 in May from 22.0 in April.
In an upbeat sign for the labor market, the Labor Department released a report on Thursday showing another unexpected drop in first-time claims for U.S. unemployment benefits in the week ended May 13th. The report said initial jobless claims edged down to 232,000.
UK retail sales recovered at a faster-than-expected pace in April despite higher inflation, giving hopes that consumer spending would boost growth in the second quarter. Retail sales volume including auto fuel grew 2.3 percent month-on-month, reversing a 1.4 percent drop in March, figures from the Office for National Statistics showed Thursday.
Retail sales data from the UK is due on Thursday, headlining a light day for the European economic news.
The jobless rate in Australia was a seasonally adjusted 5.7 percent in April, the Australian Bureau of Statistics said on Thursday.
That beat forecasts for 5.9 percent, which would have been unchanged from the March reading.
The Australian economy added 37,400 jobs to 12,099,300 in April.